“If the job has been correctly done when a common stock is purchased, the time to sell it is — almost never.” — Philip A. Fisher, Common Stocks and Uncommon Profits, 1958

With the major market indices continuing to reach new highs, some investors are wondering if they should sell their stocks. After all, if prices are high & the holdings have been profitable, why not sell & take the gains?

On Wall Street, the preference to sell can be especially popular. Many brokerage & research firms publish price targets for stocks & recommend selling them once the target has been reached. Other firms routinely recommend moving to all-cash positions based on market, macroeconomic or geopolitical forecasts. Still others view stocks as little more than trading vehicles & move in/out many times over the course of a month, week, day or microsecond, as in the case of high-frequency traders.

At the other end of the spectrum are investors who never sell at all. In an article published in 1984, author Robert Kirby described a situation where his purchase recommendations were followed, but his sell recommendations were ignored. After many years, the result was an odd assortment of small holdings, several large holdings, & one huge holding of Haloid which later turned into a zillion shares of Xerox. Kirby, of course, had recommended that Haloid be sold.

In our investment club, our analytical work focuses on the underlying businesses of the stocks. We think of our club as part-owners of those businesses &, as long-term investors, our club owns the shares for as long as the company’s management team is doing its job to increase shareholder value. Given enough time, a company’s share price is likely to increase along with growth in its revenues, earnings, & dividends.

At the end of the day, investors are well-served if the job of analyzing a company includes a thorough review of its underlying business & fundamental characteristics — this holds true for selling & buying. If the company selected for purchase passes criteria on all counts, it could be a long time before it needs to be sold. And selling a high-quality, adeptly managed company just to take profits rarely is a viable long-term investment strategy.

“If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume.” — Benjamin Graham, The Intelligent Investor, 1949

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

The motivation for a bullish or bearish stance on a company goes into this section. It can come at the top of a report & include parts of a company overview, but regardless of its position, it should cover the key investment positives & negatives.

A fundamental analysis, which can also be broken out into its own section, contains research on the firm’s financial statements, such as sales & profit growth trends, cash flow generation strength, debt levels & overall liquidity, as well as, how this compares to the competition.

No detail is too small in this section; it can also cover efficiency ratios like the primary components in the cash conversion cycle, turnover ratios & a detailed breakdown of return on equity components, such as the DuPont identity, which will break ROE into three to five different metrics.

The most important component of analyzing past trends is to synthesize them into a forecast of the company’s performance. No analyst has a crystal ball, but the best ones are able to accurately extrapolate past trends into the future, or decide which factors are the most important in defining success for a company going forward.

Valuation

The most important part of any financial analysis is to come to an independent value for the stock & compare this to the market price. There are three primary valuation techniques:

The first, arguably most fundamental, technique is to estimate a company’s future cash flows & discount them back to the future at an estimated discount rate. This is generally referred to as a Discounted Cash Flow (DCF) analysis.

The second is called Relative Value, where the fundamental metrics & valuation ratios (price-to-sales, price-to-earnings, P/E to growth, etc.) are compared to competitors. Another comparison analysis is to look at what other rivals have been bought out for or the price paid for an acquisition.

The third and last technique is to look at Book Value & try to estimate what a company might be worth if broken up or liquidated. A Book Value analysis is especially insightful for financial sector stocks, for instance.

Key Risks

This section can be part of the bull/bear story in the investment thesis, but is meant to detail key factors that may derail either a bullish or bearish stance. The loss of patent protection for a blockbuster drug for a pharmaceutical company is a great example of a factor that can weigh heavily on the valuation for its underlying stock. Other considerations include the sector in which the firm operates. For example, the technology industry is marked by short product life cycles, which can make it hard for a firm to keep its edge following a successful product release.

Other Considerations

The above sections could prove sufficient, but depending on the stones uncovered during a financial analysis, other new sections might be warranted. Sections covering corporate governance, the political environment or nearer-term news flow, might be worthy of a fuller analysis. Basically, anything important that can impact the future value of a stock should exist somewhere within the report.

The Bottom Line

The performance of the underlying company is most certainly to drive the performance of its stock or bonds in the future. Other derivative securities, such as futures & options, will also depend on an underlying investment, be it a commodity or a company. Figuring out the key drivers to the performance of a stock and putting it down in writing can be an invaluable endeavor for any investor, regardless of if a formal research report is needed.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

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]]>https://teamdaytrader.com/the-basics-of-fundamental-financial-analysis/feed/0Cost-Plus Pricing as a pricing strategy? Hummmhttps://teamdaytrader.com/cost-plus-pricing-as-a-pricing-strategy-hummm/
https://teamdaytrader.com/cost-plus-pricing-as-a-pricing-strategy-hummm/#respondSat, 29 Sep 2018 23:06:12 +0000https://teamdaytrader.com/?p=3628Cost-plus pricing is a pricing strategy in which the selling price is determined by adding a specific dollar amount or percentage to a producer’s relevant costs. This pricing protocol is typically used where the provider is a regulated monopoly, such as a public utility, or there is essentially a single buyer, such as the defense department.

Looking at cost-plus pricing from a practical perspective, consider building a new home. You can get competitive bids & firm pricing as long as you are totally specific on the final building. However, once you deviate from the original plan, like adding a fireplace, you will find yourself in a cost-plus situation.

Cost-plus pricing is an attempt to provide an equitable return on investment in situations where competitive bidding is not practical. Generally, public utility pricing is determined through negotiations between the provider (think the local gas and/or electric company) and the state public utility commission. Government purchasing activity is typically the result of negotiations between the provider & the applicable government agency. This can get quite complicated as the government, particularly in military applications, is seeking to purchase something that is still in the development process.

Investors in defense-related opportunities should make the effort to fully understand the process & how unexpected costs are allocated. In the public utility arena, mandates from one jurisdiction, usually the federal government, may not be quickly incorporated in the providers’ rate base, as determined by state utility commissions.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

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]]>https://teamdaytrader.com/cost-plus-pricing-as-a-pricing-strategy-hummm/feed/0Home Sales Fade Despite Resilient Economyhttps://teamdaytrader.com/home-sales-fade-despite-resilient-economy/
https://teamdaytrader.com/home-sales-fade-despite-resilient-economy/#respondMon, 24 Sep 2018 21:45:43 +0000https://teamdaytrader.com/?p=3622The U.S. economy grew at a 4.2 percent rate in the second quarter, which exceeded the advance estimate (4.1 percent) and was the fastest pace in almost four years. The resilient expansion reflects a rebound in consumer spending, as well as upward revisions to nonresidential & private inventory investments. For the year, I’m expecting the economy to grow at a rate of 3.0 percent, before moderating to 2.4 percent next year.

Mortgage rates stabilized this summer, but may be on the rise again… After a quick run-up earlier this year, mortgage rates inched backward over the summer & have most recently started to trend higher again. The U.S. weekly average mortgage rate reached 4.66 percent in May of this year & was 4.60 percent as of September 13. Looking ahead, I anticipate the 30-year fixed-rate mortgage to gradually increase again, averaging 4.5 percent this year & 5.1 percent in 2019.

Sales activity is weakening

Home sales declined in the second quarter & showed further weakness going into the third quarter. Specifically, total single-family home sales (new & existing) decreased for a fourth consecutive month in July to an annualized rate of 5.97 million units. New home construction also lost momentum in the second quarter, falling 4.5 percent from the first quarter.

Based on this downward trend, I have lowered my home sales & housing starts projections for the remainder of this year going into next year. I’m expecting total home sales to decline 0.9 percent to 6.07 million in 2018, before increasing 1.8 percent to 6.18 million in 2019. And, my forecast of housing starts to rise 7.5 percent this year & 4.7 percent in 2019.

Among home buyers budget constraints & slight improvements in supply levels, home prices grew at a slower pace last quarter. For the year, I anticipate that home prices will increase 5.5 percent, with the growth rate moderating to 4.5 percent in 2019.

Fewer home sales & slower price growth are weighing on origination’s. The slowdown in home sales & price growth have caused me to further revise my forecast for single-family mortgage origination’s too. I now forecast single-family mortgage origination’s in 2018 to decline to $1.65 trillion (down 8.9 percent year-over-year).

Some final thoughts to also consider is the idea of homeowners cashing out. While the share of cash-out refinances last quarter was the highest since the third quarter of 2008 (78 percent), the total dollar volume of cash-out refinance activity remains much lower than the highs seen a decade ago. Adjusted for inflation (in 2017 dollars), an estimated $15.5 billion in net home equity was cashed out in the second quarter, down slightly from $15.7 billion a year earlier & substantially less than the peak cash-out refinance volume of $102.3 billion in the second quarter of 2006.

Also to note, borrowers who refinanced their first-lien mortgage last quarter either kept the same interest rate or took slightly higher interest rates. Many of these borrowers refinanced not for rate reduction, but for cashing out equity to consolidate other higher interest debt, pay other bills, or use towards home improvements.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

]]>https://teamdaytrader.com/home-sales-fade-despite-resilient-economy/feed/0Investing… Strength in Strategyhttps://teamdaytrader.com/investing-strength-in-strategy/
https://teamdaytrader.com/investing-strength-in-strategy/#respondSun, 23 Sep 2018 18:29:09 +0000https://teamdaytrader.com/?p=3618For those Investors who have survived one or more major market downturns, some lessons have been learned. Some firms not only survive those downturns, but profit handsomely from them. Why do certain investment companies fare better than others & survive market waves?

Successful companies have a long-term investment philosophy & they abide by that. They also have a strong investment strategy that they formalize within their products & understand that while taking some risk is part of the game, a steady, disciplined approach ensures long-term success. Once the key tools of successful investment firms are understood, they can easily be adopted by individual investors to become successful. By adopting some of their strategies, you can invest like the pros.

Strength in Strategy

Determine a strong investment philosophy before you consider any investment strategy. An investment philosophy is the basis for investment policies & procedures for long-term plans. In a nutshell, an investment philosophy is a set of core beliefs from which all investment strategies are developed. In order for an investment philosophy to be sound, it must be based on reasonable expectations & assumptions of how historical information can serve as a tool for proper investment guidance.

For example, the investment philosophy “to beat the market every year” is a positive goal, but it is too vague & doesn’t incorporate sound principles. It’s also important for a sound investment philosophy to define investment time horizons, asset classes in which to invest and guidance on how to respond to market volatility while adhering to your investment principles. A sound long-term investment philosophy also keeps successful firms on track with those guidelines, rather than chasing trends & temptations.

Since each investment philosophy is developed to suit the investment firm, or perhaps the individual investor, there are no standard procedures for writing one. If you are developing an investment philosophy for the first time, ensure you cover the following topics:

Define Your Core Beliefs– The most basic and fundamental beliefs are outlined regarding the reason & purpose of investment decisions.

Time Horizons– While investors should always plan on long-term horizons, a good philosophy should outline your more exact time frame.

Risk– Clearly define how you accept & measure risk. Contrary to investing in a savings account, the fundamental rule of investing is the risk/reward concept of increasing your expected returns with increased risk.

Asset Allocation & Diversification– Clearly define your core beliefs on asset allocation & diversification, whether they are active or passive, tactical or strategic, tightly focused or broadly diversified. This portion of your philosophy will be the driving force in developing your investment strategies & build a foundation to which to return when your strategies need redefining or tweaking.

The Secret of Success

Successful firms also implement product funds that reflect their investment philosophies & strategies. Since the philosophy drives the development of the strategies, core style investment strategies, for example, are usually the most common in most successful product lines & should also be part of an individual plan. Core holdings or strategies have multiple interpretations, but generally, core equity & bond strategies tend to be large cap, blue chip & investment grade types of funds that reflect the overall market.

Successful firms also limit their abilities to take large sector bets in their core products. While this can limit the potential upside when making the right sector bet, directional bets can help add significant volatility to a fund.

When defining an investment strategy, follow a strict discipline. For example, when defining a core strategy, DO NOT chase trends. Although of course investors may have defined momentum strategies that are incorporated into the overall investment plan.

Outlining a Strategy

When outlining a sound investment strategy, the following issues should be considered.

Time Horizon– A common mistake for most individual investors is that their time horizon ends when they retire. In reality, it can go well beyond retirement, and even life, if you have been saving for the next generation. Investment strategies must focus on the long-term horizon of your investment career, as well as the time for specific investments.

Asset Allocation– This is when you clearly define what your target allocation will be. If this is a tactical strategy, ranges of allocations should be defined, if strategic in nature. On the other hand, hard lines need to be drawn with specific plans to re-balance when markets have moved. Successful investment firms follow strict guidelines when re-balancing, especially in strategic plans. Individuals, on the other hand, often make the mistake of straying from their strategies when markets move sharply.

Risk Vs. Return– Clearly define your risk tolerance. This is one of the most important aspects of an investment strategy, since Risk & Return have a close relationship over long periods of time. Whether you measure it relative to a benchmark or an absolute portfolio standard deviation, stick to your predetermined limits.

Crafting the Details

Investment strategies define specific pieces of an overall plan. Successful investors cannot beat the market 100 percent of the time, but they can evaluate their investment decisions based on their fit to the original investment strategy.

After you have survived a few market cycles, you can potentially start to see patterns of hot or popular investment companies gathering unprecedented gains. This was a phenomenon during the Internet technology investing boom. Shares of technology companies rose to rock star levels, and Investors – institutional & personal – piled on funds. Unfortunately for some of those companies, success was short-lived, since these extraordinary gains were unjustified. Many investors had deviated from their initial investment strategies to chase greater returns. Don’t try to hit home runs. Focus on base hits.

That means trying to beat the market by long shots is not only difficult, it leads to a level of volatility that does not sit well with investors over the long term. Individual investors often make mistakes such as using too much leverage when markets are moving up, & shying away from markets as they are falling. Removing the human biases by sticking to a set approach and focusing on short-term victories is a great way to fashion your investment strategy like the professionals.

The Bottom Line

Taking cues from successful Professional Investors is the easiest way to avoid common errors & keep on a focused track. Outlining a sound investment philosophy sets the stage for professional & individual investors, just like a strong foundation in a home. Building up from that foundation to form investment strategies creates strong directions, setting the paths to follow.

Investing like the professionals also means avoiding the temptation to drift from your investment philosophy & strategies, and trying to outperform by large margins. While this can be done occasionally, and some firms have done it in the past, it is nearly impossible to beat the markets by large margins consistently. If you can fashion your investment plans & goals like those successful investment companies, you can invest like the professionals.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

]]>https://teamdaytrader.com/investing-strength-in-strategy/feed/05 Common Investor Mistakeshttps://teamdaytrader.com/5-common-investor-mistakes/
https://teamdaytrader.com/5-common-investor-mistakes/#respondSun, 02 Sep 2018 16:21:33 +0000https://teamdaytrader.com/?p=3567TeamDayTrader.com is always working hard for Day Traders to create the best Day Trading Community for you!

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Of the mistakes made by investors, we seen five of them as repeat offenses. In fact, investors have been making these same mistakes since the dawn of modern markets, & will likely be repeating them for years to come. You can significantly boost your chances of investment success by becoming aware of these common errors & taking steps to avoid them.

1. No Plan

As the saying goes, if you don’t know where you’re going, any road will take you there. Solution?

Have a personal investment plan or policy that addresses the following:

Goals & Objectives – Find out what you’re trying to accomplish. Accumulating $10 million for retirement at age 60 or $100 million & Building a Legacy of Wealth for your children are simple examples of appropriate goals. Beating the market is not a goal.

Risks – What risks are relevant to you or your portfolio? If you are a 30 year old saving for retirement, volatility isn’t (or shouldn’t be) a meaningful risk. On the other hand, inflation – which erodes any long-term portfolio – is a significant risk.

Appropriate benchmarks – How will you measure the success of your portfolio, its asset classes & individual funds or managers?

Diversification – Allocating to different asset classes is the initial layer of diversification. You then need to diversify within each asset class. In U.S. stocks, for example, this means exposure to large-, mid- & small-cap stocks.

These guidelines will help you adhere to a sound long-term policy, even when market conditions are unsettling. Having a good plan & sticking to it is not nearly as exciting or as much fun as trying to time the markets, but it will likely be more profitable in the long term.

2. Too Short of a Time Horizon

If you are saving for retirement 30 years hence, what the stock market does this year or next shouldn’t be the biggest concern. Even if you are just entering retirement at age 70, your life expectancy is likely 15 to 20 years. If you expect to leave a Legacy of Wealth to your heirs, then your time horizon is even longer. Of course, if you are saving for your daughter’s college education & she’s a junior in high school, then your time horizon is appropriately short & your asset allocation should reflect that fact. In general, though, most investors are too focused on the short term.

3. Too Much Attention Given to Financial Media

There is almost nothing on financial news shows that can help you achieve your goals. Turn them off… There are few newsletters that can provide you with anything of value. Even if there were, how do you identify them in advance?

Think about it – if anyone really had profitable stock tips, trading advice or a secret formula to make big bucks, would they blab it on TV or sell it to you for $49 per month? No – they’d keep their mouth shut, make their millions & not have to sell a newsletter to make a living.

Re-balancing is the process of returning your portfolio to its target asset allocation as outlined in your investment plan. Re-balancing is difficult because it forces you to sell the asset class that is performing well & buy more of your worst-performing asset classes. This contrarian action is very difficult for many investors.

In addition, re-balancing is unprofitable right up to that point where it pays off spectacularly (think U.S.equities in the late 1990’s), & the under-performing assets start to take off.

However, a portfolio allowed to drift with market returns guarantees that asset classes will be over-weighted at market peaks & under-weighted at market lows – a formula for poor performance. The solution? Re-balance religiously & reap the long-term rewards.

5. Chasing Performance

Many investors select asset classes, strategies, managers & funds based on recent strong performance (my father, worst habit). The feeling that “I’m missing out on great returns” has probably led to more bad investment decisions than any other single factor. If a particular asset class, strategy or fund has done extremely well for three or four years, we know one thing with certainty: We should have invested three or four years ago. Now, however, the particular cycle that led to this great performance may be nearing its end. The smart money is moving out, & the dumb money is pouring in. Stick with your investment plan & re-balance, which is the polar opposite of chasing performance.

The Bottom Line

Investors who recognize & avoid these five common mistakes give themselves a great advantage in meeting their investment goals. Most of the solutions above are not exciting, & they don’t make great cocktail party conversation. However, they are likely to be profitable. And isn’t that why we really invest?

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

]]>https://teamdaytrader.com/5-common-investor-mistakes/feed/0Foreclosure Starts Increase in 44% of U.S. Markets…https://teamdaytrader.com/foreclosure-starts-increase/
https://teamdaytrader.com/foreclosure-starts-increase/#respondThu, 23 Aug 2018 22:28:11 +0000https://teamdaytrader.com/?p=3534TeamDayTrader.com is always working hard for Day Traders to create the best Day Trading Community for you!

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July the 3rd Consecutive Month with an Annual Increase in 15 Percent of Markets…

Aug. 21, 2018 — ATTOM Data Solutions released its July 2018 U.S. Foreclosure Market Report, which shows that foreclosure starts increased from a year ago in 96 of the 219 metropolitan statistical areas (44%) analyzed in the report.

A total of 30,187 U.S. properties started the foreclosure process for the first time in July, up 1 percent from the previous month & up less than 1% from a year ago — the first year-over-year increase in foreclosure starts nationwide following 36 consecutive months of year-over-year decreases.

“The increase in foreclosure starts is not just a one-month anomaly in many local markets given that July represented the third consecutive month with a year-over-year increase in 33 metro areas, including Los Angeles, Miami, Houston, Detroit, San Diego and Austin,” said Daren Blomquist, senior vice president with ATTOM Data Solutions. “Gradually loosening lending standards over the past few years have introduced a modicum of risk back into the housing market, and that additional risk is resulting in rising foreclosure starts in a diverse set of markets across the country. Most susceptible to rising foreclosure starts are affordability-challenged markets where home-buyers are more financially stretched and markets with some type of trigger event such as a natural disaster or large-scale layoffs.”

Atlantic City, Peoria, Fayetteville, North Carolina post top metro foreclosure rates. Nationwide, one in every 2,086 U.S. housing units had a foreclosure filing in July. States with the highest foreclosure rates in July were New Jersey (one in every 723 housing units with a foreclosure filing); Delaware (one in every 841); Maryland (one in every 1,038); Florida (one in every 1,180); & Illinois (one in every 1,277).

Among the 219 metropolitan statistical areas with at least 200,000 people, those with the highest foreclosure rates in July were Atlantic City, New Jersey (one in every 448 housing units with a foreclosure filing); Peoria, Illinois (one in every 622); Fayetteville, North Carolina (one in every 683); Trenton, New Jersey (one in every 703); & Philadelphia (one in every 851).

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

Report methodology: The ATTOM Data Solutions U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the ATTOM Data Warehouse during the month. Some foreclosure filings entered into the database during the month may have been recorded in previous months. Data is collected from more than 2,200 counties nationwide, and those counties account for more than 90 percent of the U.S. population. ATTOM’s report incorporates documents filed in all three phases of foreclosure: Default — Notice of Default (NOD) and Lis Pendens (LIS); Auction — Notice of Trustee Sale and Notice of Foreclosure Sale (NTS and NFS); and Real Estate Owned, or REO properties (that have been foreclosed on and repurchased by a bank). For the annual, midyear and quarterly reports, if more than one type of foreclosure document is received for a property during the time-frame, only the most recent filing is counted in the report. The annual, midyear, quarterly and monthly reports all check if the same type of document was filed against a property previously. If so, and if that previous filing occurred within the estimated foreclosure time-frame for the state where the property is located, the report does not count the property in the current year, quarter or month. For the full report you can click here.

]]>https://teamdaytrader.com/foreclosure-starts-increase/feed/0Week Ahead & 3 Things on Economic Focus for 08/20 thru 08/24/2018https://teamdaytrader.com/week-ahead-3-things-on-economic-focus-for-08-20-thru-08-24-2018/
https://teamdaytrader.com/week-ahead-3-things-on-economic-focus-for-08-20-thru-08-24-2018/#respondSun, 19 Aug 2018 18:46:06 +0000https://teamdaytrader.com/?p=3512TeamDayTrader.com is always working hard for Day Traders to create the best Day Trading Community for you!

“For Day Traders – By Day Traders – Meet Your Peers“

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Terms of Use, Disclaimer, and Privacy Policy in the footer of this website.

Ahead of the coming week, Team Day Trader has compiled a list of 3 major events on the economic calendar in which we believe are most likely to affect the market this week. Financial market participants should focus on Trade talks between the United States and China are likely dominate market headlines in the week ahead following reports that the two countries are reportedly working on a plan to end their ongoing trade dispute. U.S.-Sino trade-war fears have been simmering for months, keeping market gains in check with investors jittery over the prospects of further escalation in tensions between the world’s two largest economies having an impact on economic growth.

The turmoil in Turkey, where markets are closed for most of the week for Eid al-Adha, could also remain a focus amid ongoing jitters over a currency crisis there due to a deepening diplomatic rift between Washington and Ankara.

There is also the release of the minutes from the Federal Reserve’s last meeting on Wednesday.

1. U.S.-China Trade Talks

A nine-member delegation from Beijing, led by Vice Commerce Minister Wang Shouwen, will hold meetings with U.S. officials led by the Treasury undersecretary, David Malpass, in Washington on Wednesday & Thursday. The lower-level trade talks offer financial markets a glimmer of hope that the globe’s two largest economies could end trade tensions.

Chinese & U.S. negotiators are reportedly working on a plan to hold talks to end a trade dispute that would result in meetings between President Donald Trump & Chinese leader Xi Jinping at a summit in November, the Wall Street Journal reported on Friday.

2. Jackson Hole Summit

An annual meeting of top central bankers and economists hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, is set to take place from Thursday to Saturday, with a keynote speech from Jerome Powell in the spotlight.

Fed chair Powell is due to deliver a speech titled “Monetary Policy in a Changing Economy” at 10:00 am EST on Friday.

3. Fed FOMC Meeting Minutes

The Federal Reserve will release minutes of its most recent policy meeting on Wednesday at 2:00 pm EST. The U.S. central bank held interest rates unchanged as was widely expected following its meeting on August 1 & gave an upbeat assessment of the world’s biggest economy, staying on course to gradually lift interest rates.

The Fed has signaled to markets it will hike interest rates two more times this year, in September & December. Against this backdrop, the U.S. central bank is shrinking its balance sheet by allowing maturing securities to roll off its balance sheet without replacing them.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

]]>https://teamdaytrader.com/week-ahead-3-things-on-economic-focus-for-08-20-thru-08-24-2018/feed/0The Magic of Compound Interesthttps://teamdaytrader.com/the-magic-of-compound-interest/
https://teamdaytrader.com/the-magic-of-compound-interest/#respondSun, 12 Aug 2018 15:36:43 +0000https://teamdaytrader.com/?p=3484TeamDayTrader.com is always working hard for Day Traders to create the best Day Trading Community for you!

“For Day Traders – By Day Traders – Meet Your Peers“

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What is compound interest? It is the money you earn by re-investing all the interest you earn. Compound interest is how the rich get richer.

Here’s an example of compound interest. You may have heard of this old chestnut: If someone were to offer you the choice between $1 million cash now, or a penny on day 1, with that figure doubled & compounded each day for 31 days, which should you take?

The correct answer is, you should take the latter because it will amount to $10,737,418.24. Sounds impossible, but the math works out:

Day 1: $0.01

Day 2: $0.01 x 2 = $0.02

Day 3: $0.02 x 2 = $0.04

Day 4: $0.04 x 2 = $0.08

Day 11: $10.24

Day 22: $20,971.52

Day 31: $10,737,418.24

Now it should be easy to understand why Albert Einstein supposedly said, “Compound interest is the greatest force in the universe.” Compounding interest is, after all, how the rich get richer.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason

Team Day Trader Learn. Trade. Profit.

Click the image below to get a FREE copy of “A Trading Bible”…

]]>https://teamdaytrader.com/the-magic-of-compound-interest/feed/0Week Ahead & 3 Things on Economic Focus for 08/13 thru 08/17/2018https://teamdaytrader.com/week-ahead-3-things-on-economic-focus-for-08-13-thru-08-17-2018/
https://teamdaytrader.com/week-ahead-3-things-on-economic-focus-for-08-13-thru-08-17-2018/#respondSun, 12 Aug 2018 15:17:24 +0000https://teamdaytrader.com/?p=3480TeamDayTrader.com is always working hard for Day Traders to create the best Day Trading Community for you!

“For Day Traders – By Day Traders – Meet Your Peers“

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Terms of Use, Disclaimer, and Privacy Policy in the footer of this website.

Ahead of the coming week, Team Day Trader has compiled a list of 3 major events on the economic calendar in which we believe are most likely to affect the market this week. Financial market participants should focus on Turkey’s deepening currency crisis and the fallout across global markets in week ahead to see if any more news materializes. In addition, market focus will stay attuned to the next potential steps in the tit-for-tat trade dispute between the U.S. and China.

On the data front, U.S. retail sales figures for July come out on Wednesday. There are also about 10 S&P 500 companies reporting earnings in the week ahead on Wall Street.

1. Turkey Turmoil

The lira briefly plunged more than 20% to a record-low on Friday, while global markets stumbled, as investors were spooked that the collapse in the Turkish currency would spread across emerging markets & hit the European banking system. The lira ended down around 15% against the dollar, its worst day since Turkey’s financial crisis of 2001, on the back of a deepening rift with the United States.

The geopolitical worries come as the U.S. is embroiled in a trade war with China. Both governments announced the possibility of imposing tit-for-tat tariffs on an additional $16 billion worth of goods last week.

2. U.S. Retail Sales

The Commerce Department will publish retail sales data for July at 8:30 am EST on Wednesday. The consensus forecast will show retail sales rose 0.2% last month, moderating from a gain of 0.5% in June. Excluding the automobile sector, sales are expected to increase 0.4%, the same as its increase a month earlier.

Rising retail sales over time correlate with stronger economic growth, while weaker sales signal a declining economy. Consumer spending accounts for as much as 70% of U.S. economic growth.

3. Retailers Headline Last Big Week Of Earnings

While just 10 S&P 500 companies are due to report financial results this week, retailers are just getting started in what will be the last big wave of the second-quarter earnings season.

Home Depot unofficially kicks things off when it reports on Tuesday; results from Macy’s are on the agenda for Wednesday; while Walmart, the world’s largest retailer, is due to report results on Thursday. Nordstrom, JC Penney, & Children’s Place are among the other major retailers reporting this week.

Other high-profile names set to report this week also include NVIDIA, Deere, & Cisco.

Hopefully helpful & stay up-to-date on all of this week’s action by visiting Team Day Trader’s blog Monday’s thru Friday’s, & on Sunday’s.

Your Support means so very much to us! We really try to give most of what we do for “FREE“, so we can help as many people as possible!

With a YouTube Channel sometimes it’s hard to interact with people on a more personal level, so we’ve created a Team Day Trader “Team Membership“. Now, you can Discover What You Need To Know About Setting Up & Running A Consistently Profitable “Stock Market Trading” Business, along with personal interactions with both Jason & Pete.

With that said, “We have great challenges & great opportunities, and with your help we’ll meet them together!” – Jason